JONE Jones Energy

Jones Energy Inc. Regains Compliance with NYSE Continued Listing Requirements

Jones Energy Inc. Regains Compliance with NYSE Continued Listing Requirements

AUSTIN, Texas, Sept. 24, 2018 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company”) is pleased to announce that it received notice from the New York Stock Exchange (the “NYSE”) on September 21, 2018 that the Company has regained compliance with the NYSE’s continued listing standards.

As previously announced, on March 23, 2018, the Company received a deficiency notification from the NYSE because the Company’s average closing price per share of Class A common stock over the previous 30 trading days was below $1.00. Jones Energy cured its deficiency by implementing a 20 for 1 reverse stock split, which became effective at 5:00 p.m. Eastern Time on September 7, 2018. As a result, the Company has regained compliance as of market close September 21, 2018, because the closing price per share of the Company’s Class A common stock was above $1.00 per share and was on average above $1.00 for the 30 trading days preceding September 21, 2018.  The shares of Class A common stock continued trading on the NYSE without interruption and began trading on a split-adjusted basis on September 10, 2018. 

About Jones Energy

Jones Energy, Inc. is an independent oil and natural gas company engaged in the exploration, development and acquisition of oil and natural gas properties in the Anadarko basin of Oklahoma and Texas. Additional information about Jones Energy may be found on the Company’s website at: .

Investor Contacts:

Robert Brooks, 512-328-2953

Executive Vice President & CFO

Or

Page Portas, 512-493-4834

Investor Relations Associate

EN
24/09/2018

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JONE JONES ENERGY

Jones Energy Announces Completion of Merger with Revolution Resources

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Jones Energy II, Inc. Enters Into Definitive Merger Agreement To Be Ac...

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Jones Energy, Inc. Emerges From Chapter 11 Thirty‑Three Days After V...

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Jones Energy, Inc. Announces Court Confirmation of Prepackaged Plan of...

Jones Energy, Inc. Announces Court Confirmation of Prepackaged Plan of Reorganization AUSTIN, Texas, May 06, 2019 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (OTC Pink: JONEQ) (“Jones Energy” or the “Company”) today announced that the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the “Court”), confirmed the prepackaged Joint Chapter 11 Plan of Reorganization of Jones Energy, Inc. and its Debtor Affiliates (the “Plan”). The Plan enjoys the overwhelming support of the Company’s stakeholders, and the Company expects to complete its restructuring and successf...

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Jones Energy, Inc. Files for Chapter 11 Protection

Jones Energy, Inc. Files for Chapter 11 Protection AUSTIN, Texas, April 15, 2019 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (OTCQX: JONE) (“Jones Energy” or the “Company”) today announced that the Company, consistent with its prior announcement on April 3, 2019 regarding the Company’s entry into a comprehensive Restructuring Support Agreement with its First Lien and Unsecured Noteholders, voluntarily filed petitions for relief under chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division (the “Court”). On April 14, 2019, the Co...

April 15, 2019 1 EN

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